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E•BOOM CAPITAL: Solazyme Opens on NASDAQ, Near-term Revenue Will Come from Personal Care Products

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Solazyme says its Algenist skin care products are based on the characteristics of algae.

Solazyme, Inc. (NASDAQSZYM), a biofuels company which also makes dietary supplements and skin care products, opened for trading today at $18 per share and jumped to more than $21 by mid-day. The company completed its initial public offering of 10,975,000 shares Thursday.

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